On 6 Nov 2026, VEDAVAAG Systems was priced at ₹20.26, or 11.4× trailing earnings, against an industry P/E of 17.7×, and the shares are 21% below their 52-week high. Sales grew 15% a year over 3 years while net profit fell 12%; its ROCE of 5.4% is the lowest among the 7 largest Information Technology Services peers. It carries very little debt. It is a small-cap company with a market cap of ₹48 Cr, ranked 100th of 126 Information Technology Services companies by market cap; the shares rose 6.7% over the past year.
- ₹20.00
- ₹20.70
- ₹19.35
- ₹19.93
- 7K
Health check
- ReturnsAhead
+6.7% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 11.4 vs industry 17.7.
- GrowthSteady
Sales +14.8%, profit −11.8% a year over 3 years.
- ProfitabilityWeak
ROCE 5.4% vs peer median 27.2%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flags3 to check
Return on equity is low at 3.5%.
Small cap
Defensive
Key metrics
- Market cap
- ₹48 Cr
- Small cap
- P/E
- 11.4
- Industry 17.7
- Price to book
- 0.30
- Peers 5.20
- Dividend yield
- 0.00%
- ROE
- 3.5%
- Peers 22.9%
- ROCE
- 5.4%
- Peers 27.2%
- Debt to equity
- 0.01
- Debt ₹1.37 Cr
- EPS (TTM)
- ₹1.77
- Face value ₹10
- OPM (TTM)
- 9.0%
- Net margin 3.5%
- Sales growth
- −28.9%
- Latest quarter vs a year ago
- Profit growth
- −48.9%
- Latest quarter vs a year ago
- Price to sales
- 0.40
- EV/EBITDA 3.9
Strengths and risks
Strengths
- Practically debt-free.
- P/E of 11.4 against an industry P/E of 17.7.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.5%.
- Quarterly profit down 48.9% on a year ago.
- Quarterly sales down 28.9% on a year ago.
About VEDAVAAG Systems
Vedavaag Systems Limited, together with its subsidiaries, provides information technology (IT) sales and services in India. It acts as a business correspondent for implementation of KIOSK business. The company is also involved in the deployment of UNITE ERP for primary agricultural cooperative society; provision of life and general insurance; and system integration/IOT projects. In addition, it is involved in the deployment of UNITE ERP for primary…
- Headquarters
- Hyderabad
- Employees
- 213
- Sector
- Technology
- ISIN
- INE359B01010
- Website
- vedavaag.com
Price range
- Avg volume (3M)
- 70.4K
- 1-year return
- plus 6.7%
- From 52-week high
- minus 21.1%
Peers · Information Technology Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TCSTata Consultancy Services | 2,498.50 | plus 0.11% | 9,03,979 | 17.5 | 7.60 | 54.9% | 45.6% | 26.5% | 5.8% | 5.3% | 1.92% | minus 16.5% |
| INFYInfosys | 1,181.40 | plus 1.20% | 4,78,511 | 15.7 | 4.91 | 39.0% | 30.0% | 23.1% | 6.7% | 6.9% | 4.40% | minus 20.5% |
| HCLTECHHCL Technologies | 1,440.00 | plus 0.66% | 3,89,754 | 21.3 | 5.20 | 27.2% | 24.6% | 20.8% | 8.7% | 3.9% | 3.33% | minus 6.4% |
| WIPROWipro | 198.00 | minus 0.20% | 1,95,898 | 15.6 | 2.46 | 17.8% | 15.9% | 19.2% | 0.8% | 5.2% | 4.04% | minus 16.6% |
| TECHMTech Mahindra | 1,831.00 | plus 0.46% | 1,79,476 | 29.4 | 5.47 | 19.8% | 19.2% | 17.2% | 2.2% | −0.1% | 2.79% | plus 29.3% |
| LTMLTM | 4,338.00 | minus 1.25% | 1,28,620 | 24.6 | 4.97 | 25.4% | 21.0% | 17.9% | 8.4% | 4.4% | 1.80% | minus 21.8% |
| PERSISTENTPersistent Systems | 6,053.50 | minus 0.92% | 99,859 | 53.0 | 11.12 | 29.4% | 22.9% | 16.9% | 20.9% | 26.5% | 0.59% | plus 4.3% |
| VEDAVAAGVEDAVAAG Systems | 20.26 | plus 1.66% | 48 | 11.4 | 0.30 | 5.4% | 3.5% | 9.0% | 14.8% | −11.8% | 0.00% | plus 6.7% |
| Median of 7 peers | – | 0.11% | 1,95,898 | 21.3 | 5.20 | 27.2% | 22.9% | 19.2% | 6.7% | 5.2% | 2.79% | −16.5% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 31.1 | 21.6 | 26.4 | 49.4 | 22.1 | |
| 26.9 | 18.7 | 23.4 | 47.2 | 19.6 | |
| 4.2 | 3 | 3 | 2.2 | 2.6 | |
| 13.6% | 13.7% | 11.5% | 4.5% | 11.6% | |
| −0 | −0 | 0 | −0 | 0 | |
| 0.2 | 0.2 | 0.2 | 0.7 | 0.2 | |
| 1 | 1 | 1 | 1 | 0.9 | |
| 3 | 1.8 | 1.9 | 0.5 | 1.5 | |
| 29.1% | 31.7% | 13.4% | 61.5% | 26.3% | |
| 2.2 | 1.2 | 1.6 | 0.2 | 1.1 | |
| 0.92 | 0.52 | 0.69 | 0.09 | 0.47 |
Profit & loss
- Sales CAGR 3Y
- +14.8%
- Profit CAGR 3Y
- −11.8%
- EPS CAGR 3Y
- −12.5%
- ROE
- 3.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 85 | 86.7 | 106 | 129 | |
| – | +2.0% | +22.0% | +21.5% | |
| 68.7 | 70 | 90.1 | 116 | |
| 16.4 | 16.7 | 15.6 | 12.3 | |
| 19.2% | 19.3% | 14.8% | 9.6% | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0.2 | 1.2 | 1.4 | |
| 6.3 | 6.7 | 3.3 | 3.8 | |
| 10.1 | 9.9 | 11.3 | 7.2 | |
| 25.3% | 20.3% | 25.8% | 28.1% | |
| 7.6 | 7.9 | 8.4 | 5.2 | |
| – | +4.1% | +6.6% | minus 38.2% | |
| 3.31 | 3.44 | 3.62 | 2.22 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 22.9 | 22.9 | 23.2 | 23.5 | |
| 104 | 110 | 125 | 129 | |
| 4 | 2.4 | 4.7 | 1.9 | |
| 25.7 | 31.7 | 31.5 | 45.2 | |
| 157 | 167 | 184 | 200 | |
| 15.7 | 14.6 | 19.6 | 28.4 | |
| 2.9 | 2.9 | 2.9 | 13.7 | |
| 0 | 0 | 0 | 0 | |
| 1.9 | 2.3 | 3.3 | 2.8 | |
| 136 | 147 | 159 | 155 | |
| 157 | 167 | 184 | 200 |
Cash flow
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| – | 9.6 | 4.8 | 0.2 | 2.8 | |
| – | −6.8 | 0.2 | −6 | −0 | |
| – | −2.7 | −4.1 | 6.9 | −3.3 | |
| – | 0.1 | 0.8 | 1.1 | −0.5 | |
| −0.6 | −7 | – | −6.1 | −0.1 | |
| – | 2.6 | 4.8 | −5.9 | 2.7 | |
| −1.4 | −1.4 | −1.4 | −1.7 | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.